Oil Prices Sent Into Unprecedented Volatility, Plunging Then Rebounding to $90 per Barrel

Fonte: International Business Times

The volatility of oil prices on Tuesday reached an unprecedented level as benchmark crude tumbled by roughly $10 a barrel in a matter of hours. Prices then rebounded by about $11 from intraday lows, with Brent crude trading back around the $90 mark as investors tried to price the next turn in the Middle East conflict. The latest jolt came after one of the most chaotic stretches for oil since 2022.